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Melrose Market Overview
As of November 2026, the Melrose, MA housing market has a median list price of $710K across 69 active listings. Homes are listed at an average of $497 per square foot.
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Strong seller's market. Inventory is very low with only 1.6 months of supply. Homes are selling at or above asking price.
Year over year, the median price is up about 5.6%. With 1.6 months of supply, Melrose currently has a tight, low-inventory market that favors sellers.
Frequently Asked Questions
What is the median home price in Melrose, MA?
The current median list price in Melrose is $710K. Prices vary by neighborhood, home size, and condition.
How fast do homes sell in Melrose?
Homes in Melrose sell in about 59 days on average, closing at roughly 105.0% of asking price.
Is Melrose a buyer's or seller's market?
Melrose is currently a hot market, with about 1.6 months of housing supply.
How often is this Melrose market data updated?
These figures are pulled from live MLS data and refreshed monthly. Last updated November 2026.
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